Pre-Construction Pricing Tampa Water Street Condo-Hotel
Tampa's Only Condo-Hotel - New Construction
Marketing description
Experience the perfect blend of luxury ownership and income potential at ORA, Downtown Tampa's newest luxury condo-hotel development. This studio residence, ranging from 479 to 684 square feet, offers an exceptional opportunity for investors and lifestyle buyers alike. Designed for flexibility, owners may enjoy their residence for personal use or participate in the professionally managed hotel rental program, creating the potential for income in one of Florida's fastest-growing urban markets.
ORA features 492 elegantly appointed condo-hotel suites alongside just 31 exclusive private residences crowning the upper floors. Each residence is thoughtfully designed with contemporary architecture, floor-to-ceiling glass, gourmet kitchens, spa-inspired baths, smart home technology, and premium finishes that deliver a sophisticated, resort-inspired living experience.
Residents and guests enjoy an unparalleled collection of five-star amenities, including a rooftop infinity-edge pool, hot tubs, private cabanas, live entertainment, a 10,000-square-foot signature steakhouse, elegant lobby bar and patisserie, full-service spa, state-of-the-art fitness center, business lounge, concierge services, and valet parking. Ideally located adjacent to the transformative Water Street district, ORA places owners just moments from Tampa's premier dining, entertainment, professional sports venues, and waterfront attractions.
New construction. To be built.
Investment highlights
Pre-Construction Pricing Opportunity – Acquire at introductory pricing before future scheduled price increases and participate in the value creation of a landmark luxury hospitality development.
Income-Producing Luxury Ownership – Own a fully furnished luxury condo-hotel suite with the flexibility to enjoy personal use while generating rental income through hotel operations.
8% leaseback program offered by the developer on select inventory, subject to program terms and conditions.
Multiple financing structures - including conventional financing, DSCR financing, and 1031 exchange strategies.
Prime Downtown Tampa Location – Positioned adjacent to Water Street Tampa and within minutes of Amalie Arena, the Tampa Convention Center, Sparkman Wharf, Riverwalk, Channelside, and Tampa International Airport, benefiting from one of Florida's fastest-growing urban markets.
Luxury Hotel Experience – Planned amenities include a rooftop resort-style pool, signature steakhouse, full-service spa, fitness center, concierge, ballroom, business lounge, patisserie, and valet services designed to drive guest demand.
Flexible Ownership Structure – Owners may utilize their suite for personal stays while maintaining the flexibility to participate in professionally managed rental operations. No owner blackout dates are currently planned.
Professional Hotel Management – An affiliated luxury hotel management company provides centralized revenue management designed to maximize occupancy and room revenue across comparable room types.
Multiple Management Options – Owners may choose the affiliated management company, self-manage, or utilize an outside property manager, providing flexibility to fit individual investment strategies.
Limited Supply Asset – The development includes 492 luxury condo-hotel suites and only 31 private residences, creating a rare hospitality ownership opportunity in Downtown Tampa.
Experienced Development Team – Developed by ARC Tampa Development LLC, whose principals report more than 35 years of combined development experience and over $4 billion in completed development and consulting projects.
Proven Development Track Record – The developer highlights successful delivery and appreciation of previous luxury hospitality projects including Avalon Club, Azure, and Ocean Club. Past performance is presented by the developer and should not be considered indicative of future results.
Designed for Long-Term Demand – The project is positioned to capitalize on continued tourism growth, convention activity, corporate travel, and Downtown Tampa's expanding entertainment district. Supporting market research identifies convention center expansion and transit-oriented development as major long-term tourism drivers.
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